Silver. Buy Buy Buy!

[CincinnatiKid]

Following a thread by jsmith, I received an email from another bullion dealer this day, informing me that silver has again dropped below the $20 per oz mark.
At this price, it's time to buy. Let's say gold at today's spot is $1300 per oz. It will never double to $2600. Whereas silver can easily double from approx $20 per oz to $40! I don't see this as a financial risk. I'm gonna buy all the silver I can.
Peace

 

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[Peyton Manning]

heard a commercial on radio that silver will get 50 by years end

 

[Guest 1551]

heard a commercial on radio that silver will get 50 by years end

Man that'd be sweet! I got 36 40% half dollars and 31 90% half dollars from the bank for face value and can't wait for silver to go up so i can sell out!

 

[Peyton Manning]

hey dude, they couldn't put it on the radio if it wasn't true

 

[hunts with son]

hey dude, they couldn't put it on the radio if it wasn't true

Darn it! I thought that was just the internet?!?!?

 

[Msbeepbeep]

I'm gonna go out and find all the silver I can...if the ground thaws, before years end!
Radio, internet, etc, if their lips are moving it's probably a lie!

 

[worldtalker]

I'm gonna go out and find all the silver I can...if the ground thaws, before years end!
Radio, internet, etc, if their lips are moving it's probably a lie!

Don't forget you can Glean from information on anything!! If you want to know the truth that is.

 

[Ole # 7]

Alright, Jeff, quit encouraging them!!!

 

[WildDigger]

I was thinking about the Silver prices and wondering, now this is just a thought. When silver was up the jewelry stores saw a decline in sales because gold was way up. If silver rises the jewelers will see a decline in sales again and it will effect a lot of people all the y way back to some of the mines. That being said and silver being the cheaper of the precious metals what will stores have to sell to their customers. we have already seen a rise in silver and cheap metals being used as wedding rings and such. And we all know the government has their grubby hands in the precious metal market so if it goes to high no one will buy precious metals and they will buy more stainless and cheap stuff. And we will pay for that.

Now this is just a thought and my wonering mind came up with this and not intended to be taking seriously.

 

[DixieLandMan]

I bought some when the price was high. I didn't lose anything since I still have it. You just lose if you sell below what you bought it for.

 

[Guest 1551]

Basically, now wouldn't be a bad time to buy if you've got the cash. Eventually it should go back up, we just don't know when.

 

[CincinnatiKid]

I doubt silver will ever drop much below $20 per oz. As gasoline will never drop much below $3.00 per gallon. For that matter, if I find gas near $3 gal, I consider it a bargain!?
Who knows? All I do know is that I'm gettin' tired of diggin' tungsten and titanium wedding bands.
Peace